Search result for 'illicit trade'

RBI Governor expresses concern over cryptocurrencies, citing potential risks to financial stability and monetary policy. Supreme Court calls for clear policy on crypto regulation.

Revenue Secretary urges DRI to use tech tools to combat threats from dark web, cross-border e-commerce, and other illicit activities. DRI's role in national security highlighted.

ITC's net profit rose 2% in Q4 driven by strong cigarette sales and rural demand, offsetting urban slowdown. Revenue from consumer goods also grew.

A new report reveals Pakistan's illicit trade is costing the country Rs 3.4 trillion, including losses due to the Afghan Transit Trade. This undermines formal businesses, erodes government revenues...

Former Dy NSA stresses synergy between technology and human intelligence to curb smuggling of weapons and narcotics, highlighting the use of dark net monitoring and inter-agency coordination.

Tobacco industry welcomes the introduction of a 'track and trace' mechanism for cigarettes, announced in the Union Budget 2025-26, aiming to curb illicit trade and revenue loss.

India's DGFT has issued guidelines for voluntary disclosure of non-compliance or violations in exports of SCOMET items. The guidelines encourage responsible exporters to report violations.

Minister Bittu calls for strict penalties against illicit trade, emphasizing the need to deter perpetrators. CBIC reports significant seizures and arrests in the fight against counterfeit goods and...

FICCI CASCADE organised an awareness rally on illicit trade and smuggling, highlighting its detrimental impact on India's economy. The rally stressed the need to combat this menace and protect...

The Directorate of Revenue Intelligence (DRI) seized contrabands worth Rs 3,500 crore in FY 2023-24, with narcotic drugs and gold being major contributors. The agency also detected 623 smuggling...

DRI emphasizes information sharing as the only lasting solution to combat transnational criminal networks in smuggling and illicit trade, with over 40 customs administrations agreeing on the need...